Berkshire Health Systems: Retirement Plan Management

I’ve been a patient more than once and it’s a pleasure to be able to share my experience and knowledge in order to help the people who have helped me so much. —Bill Schmick

It’s Healthy to Have Options.

If you work for Berkshire Health Systems, your 403(b) retirement plan includes the option to take control of your account’s management by hiring an outside advisor like us. There’s a possibility your account could be earning you more money than it is—and depending on your situation, it should be. The only way to find out is to check with a trusted financial advisor. You already have a full-time job; let us take care of you for once.

Get in touch with the team at Berkshire Money Management today and take charge of your financial health. Call us at (413) 997-2006.

Benefits of Investing in Your 403(b) Plan

Saving for retirement is important. This is the money that will allow you to enjoy your life to the fullest once you retire. You know better than anyone how expensive healthcare costs can become – especially in your later years. Wouldn’t you like to start planning for that now? At Berkshire Money Management, we’re here to make sure you’re getting the absolute most out of your 403(b) plan.

Your 403(b) is a retirement savings plan that is tax-sheltered, similar to a 401(k). Because of this, there are many benefits to investing wisely in your 403(b).

  1. Your contributions are tax-deductible. With your 403(b) plan, you can deduct your contributions, meaning you could reduce the amount of income tax you owe. You simply pay the taxes on your money when you go to use it later on in life.
  2. You may owe lower taxes later on. Since you will not pay taxes on your money until you withdraw during retirement, you may end up paying less in taxes. This is because many people are in a lower tax bracket upon retirement. We can also introduce you to strategies that could potentially lower your tax burden even further.
  3. You can maximize your savings with the right advisor. The professional financial advisors here at Berkshire Money Management can help you get the most out of your plan. We’re experienced in retirement plan management, and the ins and outs of Berkshire Health System’s plan specifically. In fact, we are already helping many of your coworkers and we can help you, too.
  4. You can receive FREE MONEY! Yes, that employer match that Berkshire Health Systems provides is free money to you. If you are contributing at least the minimum percentage required into your 403(b), BHS will match up to 3.25% of your contributions* (*figures as of 7/26/2019).

How Berkshire Money Management Can Help You

At Berkshire Money Management, our team can go over your account with you and make recommendations to maximize your earnings and ensure your retirement plan helps you meet your financial goals. Does logging into your account feel like a chore? Let us guide you through your plan and make some sense out of what you’re seeing. Feel free to call us in for a second opinion!

Take charge of your retirement plan by consulting with the team at Berkshire Money Management. We can assist you with retirement plan management to make sure you’re maximizing your money to have the most comfortable retirement possible. You can get in touch by calling us at (413) 997-2006 or by contacting us online. Berkshire Money Management is proud to be a preferred vendor of the Massachusetts Nurses Association.